SplashLearn Raises $18 Million in Series C Funding Round From Owl Ventures & Accel
” We are proud to partner and assistance SplashLearn which is producing an improvement in the digital learning space,” stated Abhinav Chaturvedi, Partner, Accel, who signed up with the businesss board in 2018
SplashLearn, the US-headquartered learning company started 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. San Francisco based Owl Ventures is the largest edtech sector-focused equity capital firm on the planet. Accel, who previously invested $7 million in Series B, also participated in this round.
” We envision a world where every child would discover, fearlessly. The games within the program aim to move the present story around learning, turning it into an experience that augments the childs desire to learn by making discovering itself rewarding for every kid. Thus minimizing their fear of failure, and developing what we like to call courageous learners” stated Arpit Jain, CEO and co-founder, SplashLearn. “The funds will primarily be used for growth and scaling our new vertical– tutoring”, he included.
In 2020, more than 10 million new users joined the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the mathematics program to include reading and likewise launched a personalized tutoring item, owing to growing demand from moms and dads and teachers.
” SplashLearn is well poised to cause an unique modification in the digital learning space with its distinct mix of clinically created curriculum and its pedagogical techniques with international appeal. SplashLearn suits our goal of supporting innovative companies in the edtech space, assisting drive a paradigm shift in the method education is imparted, bringing it to scale” stated Amit A. Patel Managing Director, Owl Ventures, who would be signing up with the businesss board together with Abhinav Chaturvedi.
SplashLearn, the US-headquartered finding out business started 2021 on a high note raising $18 million in Series C financing round led by Owl Ventures. SplashLearn is a game-based learning program that wisely adapts to each kids knowing capability and helps them master abilities at their own speed. In 2020, more than 10 million new users signed up with the SplashLearn program. In the latter half of 2020, SplashLearn broadened its offering beyond the math program to include reading and also introduced an individualized tutoring product, owing to growing need from moms and dads and teachers.
SplashLearn is readily available across all digital platforms (iOS, Android and Web). For more details, check out www.splashlearn.com. Follow SplashLearn on Facebook, Instagram and Twitter.
SplashLearn, formerly Splash Math, develops engaging learning experiences built to change children into brave students. Its PreK-5 game-based learning program is curriculum-aligned and has an adaptive algorithm that offers each kid a tailored knowing experience that is fun and immersive. It is presently utilized in 150+ nations and has actually benefitted more than 40 million kids around the world.
About the Author:.
About Owl Ventures.
eSchool News Staff.
Accel is a worldwide venture capital company that partners with exceptional founders with special insights, from beginning through all stages of personal company growth. Acko, Atlassian, Blackbuck, BookMyshow, Bounce, Braintree, BrowserStack, CrowdStrike, CureFit, Deliveroo, DJI, Dropbox, Etsy, Facebook, Flipkart, Freshworks, Jet, Kayak, Lynda.com, Qualtrics, Rovio, Slack, Spotify, Supercell, Swiggy, Tenable, UiPath, UrbanClap and Venmo are amongst the business the company has backed over the past 35+ years.
The bulk of the service comes from the United States and currently, trainees in one in every 3 schools in the country usage SplashLearn. SplashLearn is a game-based knowing program that intelligently adjusts to each childs knowing ability and assists them master skills at their own pace.
Owl Ventures is the largest venture capital fund worldwide focused on the education innovation market with over $1.2 billion in assets under management. The Silicon Valley-based firm invests in the worlds leading education innovation companies across the education spectrum including PreK-12, greater education and future of work (profession movement/ expert learning). Owl Ventures has deep domain knowledge and leverages an international network of Limited Partners, investors, and strategic partners to help entrepreneurs scale their businesses into transformative category-leading business. Find out more at www.owlvc.com
SplashLearn, formerly Splash Math, develops engaging finding out experiences built to transform children into courageous students.